HOUSTON, Texas -- ALBIS Plastics Corporation
has recently announced a groundbreaking ceremony took place in Duncan, SC at the future site of the new compounding plant. The new plant will manufacture prime engineering compounds, which are sold under the brand names ALTECH® and ALCOM®.
Plant for Engineering Compounds
Mr. Stefan Fuhlendorf (Regional Sales Director Americas), said:
“We are exactly on track for production start-up in the 3rd quarter of this year as originally planned.”
The nameplate capacity of the new plant is approximately 15,000 MT (33M LBS). The manufacturing facility will create up to 60 new jobs for the area in the coming year including staff for the laboratory and warehouse.
The plant is being constructed on the land adjacent to ALBIS Barnet Polymers, a joint venture between ALBIS and William Barnet & Son, which was founded on September 1st, 2017. “The new prime plant as well as the joint venture, which manufactures recycled compounds under the ALTECH® ECO brand name, represent a significant investment in our Americas business and will support both our global key accounts as well as our growing local customer base”, added Fuhlendorf. Both plants will obtain quality certification according to IATF 16949.
ALBIS PLASTIC is one of the leading globally operating companies in the distribution and compounding of technical thermoplastics. In addition to the product portfolio of well-known plastic manufacturers, ALBIS offers the plastic processing industry a diverse product range of high performance plastics, compound solutions and masterbatches. In 2015, the ALBIS Group, which has approximately 1200 employees, achieved sales of 905 million euros. With 23 foreign subsidiaries, the Hamburg based company is strongly represented in Europe with a growing presence in North Africa, the Far East and America.
Source: ALBIS Plastics Corporation